Snake oil

“Fake Sales News” Lead To Fake Sales!4

By Tibor Shanto – tibor.shanto@sellbetter.ca 

We here in Canada have not been spared the phenomenon of fake news, although we are still working on making it the art form it is elsewhere. Sure, you’re all thinking about the fallout from the election in the former colonies to the south, but I am speaking even closer to home, specifically the fake news making the rounds in sales circles.

Who hasn’t mistakenly (or just through sheer curiosity) clicked on a Never Cold Call Again link. The experience was usually based on the bias the person had long before they clicked. Those who have a serious fear factor when it comes to picking up the phone, felt their inaction would be validated, and those of us who have made loads of money smiling and dialing, see these sites or posts as a source of amusement in an otherwise productive sales day, selling to people we cold called.

The problem with fake news, sales or political, is it is all amusing when it stays on the web, where it can be a source of entertainment for some, or a source of excuses for others.  But when these fake posts and articles begins to ooze into the real world, it costs people sales, their jobs, drive companies to bankruptcimpacts the economy, and the next thing you know we need to cut interest rates again. As with political fake news, these posts are full of repeatedly debunked, but the peddlers of fake news, political or selling, have mastered the mantra of “let’s not cloud the issue with facts.”

For example, many “cold calling is dead” proponents regularly point to stats that suggest “social sellers” convert and close more business by a factor or XX%; while at the same time pointing to the low success rate of cold calling. Now I don’t have counter facts, mostly because I am busy working with sales people who work for people I cold called. When you live in the real world, you have the advantage of experience and the ability to evaluate facts as you see them, not vicarious stats and experiences.

Snake oilI share another recent experience as an example of fake news and fake sales. I visited a sales leader a few weeks ago, (using a combination of social selling and traditional selling, I think those of us who do not have a social selling book or webinar, just call that selling). A few minutes in to the meeting he asked what I thought about “social selling”, I told him I see it as a part of a big tool kit, and that while I do not label myself as a social seller, I was 8th on the list on forbes.com.

He then told me that he had engaged a local social selling expert, apparently, they were “world famous in Toronto”. As we explored how the two approaches may be harmonized, he told me that he wasn’t sure about social selling, but he had read so much about, the stats were impressive, and he felt he would give it a try. What he said next was the most telling. He said that he had to try because he was given ‘a real good price because” name omitted to protect the innocent, “was in the process of collecting logos, and made it real cheap.”

And so there we are, fake sales. Because there is a difference between selling it, and socializing it before you give it away. And so once again it is about the revenue, not the sale, because this fake sale, much like the fake news that are void of facts, this fake sale had no revenue.

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4 Comments

  1. Art Sobczak

    This is priceless: “I visited a sales leader a few weeks ago, (using a combination of social selling and traditional selling, I think those of us who do not have a social selling book or webinar, just call that selling).” Brilliant. Excellent points.

    • Tibor Shanto

      Thank you Art.

      Tibor

  2. Stanley Fidel

    Great article. My clients who use our cold-calling continue to add millions of dollars in revenues by meeting people they otherwise wouldn’t have met from referrals.

    But the nay-sayers still abound.

    Stan

    • Tibor Shanto

      Stan,

      Don’t let them in on your secret.

      Tibor

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